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World Bank Backs Trump as U.S. Growth Slows

6/10/2025

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Story summary
  • The World Bank supports President Trump's push for lower tariffs, highlighting unfair trade barriers for U.S. businesses.
  • U.S. economic growth is forecasted at 1.4% in 2025, the slowest rate since the 2008 crisis.
  • Global growth is anticipated at 2.3%, with trade tensions posing risks for further declines.
  • Economic progress in poorer regions has stalled, indicating a potentially weak decade ahead.